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Non-Tech : Invest / LTD
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To: Lucretius who wrote (7622)3/2/1999 8:11:00 PM
From: Thean  Read Replies (2) of 14427
 
LT, I think your return is going to jinx the selloff <GG>. We know about your "I think we're screwed" call 30 minutes before the selloff last week as well <GG>.

Steve:
Some of the big techs are closing in on their support levels:
INTC - 107 1/2
CSCO - 95 1/2
EMC - 95 1/2

Regardless of how these stocks will eventually bottom, I think these represent pretty good support levels and they should trigger some technical buying when these stocks get there. A negative going for the group is we are heading into the pre-announcement season and these supports may not hold for too long if we get preannnouncements rolling through every day, like the ones we had with the box makers.
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